Global Business Travel Group, Inc. (GBTG) quarterly cash flow statement — complete operating, investing & financing history
| Cash from Operations | -15M | 52M | 71M | 57M | 53M | 65M | 85M | 73M | 49M | 58M | 135M | 46M |
| Operating CF Margin % | -1.79% | 6.57% | 10.53% | 9.03% | 8.53% | 11% | 14.24% | 11.68% | 8.03% | 10.56% | 23.64% | 7.77% |
| Operating CF Growth % | -128.3% | -20% | -16.47% | -21.92% | 8.16% | 12.07% | -37.04% | 58.7% | 163.64% | 1550% | 266.67% | 129.68% |
| Net Income | 54M | 83M | -62M | 15M | 75M | -14M | -128M | 26M | -19M | -46M | -8M | -55M |
| Depreciation & Amortization | 60M | 60M | 49M | 43M | 40M | 40M | 43M | 48M | 47M | 49M | 50M | 49M |
| Stock-Based Compensation | 17M | 18M | 19M | 20M | 19M | 19M | 20M | 0 | 0 | 15M | 19M | 22M |
| Deferred Taxes | -28M | -33M | 8M | 7M | 3M | 5M | 17M | -5M | 17M | -14M | -3M | -4M |
| Other Non-Cash Items | -30M | -48M | 19M | -28M | -37M | -4M | 76M | 35M | -5M | 1M | -31M | 18M |
| Working Capital Changes | -88M | -28M | 38M | 0 | -47M | 19M | 57M | -31M | 9M | 53M | 108M | 16M |
| Change in Receivables | -151M | 84M | -1M | 2M | -138M | 98M | 40M | 70M | -90M | 156M | 82M | -38M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 123M | -153M | 48M | 12M | 86M | -71M | -5M | -73M | 144M | -115M | 6M | 72M |
| Cash from Investing | -27M | -5M | -171M | -12M | -18M | -32M | -26M | -19M | -25M | -26M | -29M | -32M |
| Capital Expenditures | -37M | -39M | -33M | -30M | -27M | -32M | -26M | -24M | -25M | -26M | -28M | -27M |
| CapEx % of Revenue | 4.4% | 4.92% | 4.9% | 4.75% | 4.35% | 5.41% | 4.36% | 3.84% | 4.1% | 4.74% | 4.9% | 4.56% |
| Acquisitions | 10M | 34M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | -138M | 0 | 0 | 0 | 0 | 5M | 0 | 0 | -1M | -5M |
| Cash from Financing | 49M | -47M | -33M | -23M | -25M | -6M | -62M | -7M | -10M | -1M | -2M | 1M |
| Debt Issued (Net) | 96M | -3M | -4M | -3M | -4M | 0 | 26M | -1M | -1M | -1M | 1M | 0 |
| Equity Issued (Net) | -34M | -39M | -33M | 0 | -1M | 0 | -55M | 1M | 4M | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -38M | -39M | -33M | 0 | -1M | 0 | -55M | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -13M | -5M | 4M | -20M | -20M | -6M | -33M | -7M | -13M | 0 | -3M | 1M |
| Net Change in Cash | 1M | -2M | -137M | 41M | 16M | 11M | 9M | 40M | -1M | 44M | 97M | 15M |
| Free Cash Flow | -52M | 13M | 38M | 27M | 26M | 33M | 59M | 49M | 24M | 32M | 107M | 19M |
| FCF Margin % | -6.19% | 1.64% | 5.64% | 4.28% | 4.19% | 5.58% | 9.88% | 7.84% | 3.93% | 5.83% | 18.74% | 3.21% |
| FCF Growth % | -300% | -60.61% | -35.59% | -44.9% | 8.33% | 3.13% | -44.86% | 157.89% | 122.02% | 228% | 195.54% | 110.8% |
| FCF per Share | -0.10 | 0.02 | 0.08 | 0.06 | 0.05 | 0.07 | 0.13 | 0.10 | 0.05 | 0.07 | 0.23 | 0.05 |
| FCF Conversion (FCF/Net Income) | -0.29x | 0.63x | -1.15x | 4.38x | 0.71x | -4.06x | -0.66x | 2.81x | -2.58x | -1.23x | -11.25x | -3.29x |
| Interest Paid | 0 | 0 | 21M | 20M | 30M | 24M | 10M | 0 | 0 | 35M | 37M | 37M |
| Taxes Paid | 0 | 7M | 16M | 25M | 4M | 1M | 12M | 0 | 0 | 1M | 1M | -2M |